Cineworld Group Stock Rating Lowered by Nplus1 Brewin (CINE)
Cineworld Group (LON:CINE) was downgraded by stock analysts at Nplus1 Brewin to a “hold” rating in a report issued on Tuesday, Stock Ratings Network reports. They currently have a GBX 376 ($6.08) target price on the stock, down from their previous target price of GBX 402 ($6.50). Nplus1 Brewin’s price objective suggests a potential downside of 3.90% from the company’s current price.
Cineworld Group (LON:CINE) traded down 1.39% during mid-day trading on Tuesday, hitting GBX 391.25. 134,181 shares of the company’s stock traded hands. Cineworld Group has a 52 week low of GBX 233.16 and a 52 week high of GBX 442.75. The stock’s 50-day moving average is GBX 388.0 and its 200-day moving average is GBX 348.5. The company’s market cap is £586.2 million.
CINE has been the subject of a number of other recent research reports. Analysts at N+1 Singer downgraded shares of Cineworld Group to a “hold” rating in a research note to investors on Tuesday, October 22nd. They now have a GBX 376 ($6.08) price target on the stock, down previously from GBX 402 ($6.50). Finally, analysts at Panmure Gordon reiterated a “sell” rating on shares of Cineworld Group in a research note to investors on Tuesday, October 8th. They now have a GBX 260 ($4.20) price target on the stock. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of GBX 373.45 ($6.04).
Cineworld Group plc (LON:CINE) is an investment holding company.
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